Ardent Spirit Market Size to Grow at a CAGR of 6.1% During the Forecast Period 2021-2026 - PowerPoint PPT Presentation

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Ardent Spirit Market Size to Grow at a CAGR of 6.1% During the Forecast Period 2021-2026

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The Ardent spirit market is projected to grow at a CAGR of 6.1% during the forecast period 2021-2026, and is poised to contribute a market value equivalent of $25 Billion by 2026. – PowerPoint PPT presentation

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Title: Ardent Spirit Market Size to Grow at a CAGR of 6.1% During the Forecast Period 2021-2026


1
Ardent Spirits MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The Ardent spirit market is projected to grow at
    a CAGR of 6.1 during the forecast period
    2021-2026, and is poised to contribute a market
    value equivalent of 25 Billion by 2026.
  • Ardent spirits are a category of ethyl alcohol
    that are fermented from vegetables and fruits and
    go through several rounds of distillations.
  • After the entire process of distillation, each
    product type is aged according to the standard
    and requirement.

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3
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  • Key Takeaways
  • In the year 2020, North America owed the maximum
    share in the market of ardent spirits, owing to a
    surge in demand in the beverages industry and
    also due to a surge in the sale of mezcal
    products, that are a type of spirit closely
    related to tequila.
  • Increasing preferences of the millennial
    generation for fair trade products and the
    premiumization of premium drinks would drive the
    Asia-Pacific region revenues in the projected
    period.
  • An in-depth SWOT Analysis, i.e., Strength,
    Weakness, Opportunities and Threats would be
    provided in the market report of Ardent Spirits
    Market.

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4
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By Distribution Channel- Segment
Analysis Although, during the forecast period of
2021-2026, Tequila is poised to grow at a CAGR of
6.4, which would be the fastest amongst all the
categories. The attributed reason for the growth
in the tequila market share is owed to the fact
of rising distilleries across regions of the USA
and Europe. The uprising demand is fulfilled by
craft drinks, that are subjugated by Tequila.
Tequila is also used to produce a non-alcoholic
beverage, which has various health benefits and
would provide a balanced growth across the food
and beverages industry.
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5
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  • Ardent Spirits Market Industry Outlook 
  • Diageo,
  • Pernod Ricard,
  • Titos Handmade Vodka,
  • HITEJINRO CO., LTD,
  • Brown Forman Corporation,
  • Bacardi Limited

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6
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Ardent Spirits Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/17829/ardent-s
pirits-market.html
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Email sales_at_industryarc.com
7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id17829

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Email sales_at_industryarc.com
8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com
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